There’s been a lot of bad weather this year, both actual and economic. Tariffs are coming and going, random Substack posts are making software-company investors panic and the US is rattling a saber in the Gulf. But none of this is spoiling the springtime vibe in Europe’s credit markets.

Take this week. After a few days of President Donald Trump making the world even more confused about his tariffs and his goals in Iran, the continent’s unflustered corporate-debt buyers were back in business. On Tuesday, 14 different investment-grade and junk-rated companies borrowed money in Europe, illustrating that the market is open to a wide variety of credits with different risks and maturities.

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